Edcon Holdings

As private equity buyers exit investments, Goldman Sachs sees wave of South African listings

Goldman Sachs Group Inc is predicting a flood of initial public offerings to be held in South Africa as private equity buyers divest their investments, Bloomberg reported.

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Store revamps cause sales to drop in Bain Capital's South African retailer

Edcon Holdings, a clothing retailer owned by Bain Capital Partners, suffered sales losses because of its remodeling operations.

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